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78 Queen Street

Middlesex Centre, N0L 1R0·MLS® X12496836·

Listing courtesy of Keller Williams Lifestyles·Updated Mar 31

For sale
0Beds
0Baths
Sqft
Year Built

Listing price

$399,900

Est. $1,905/mo

Days on market

267

Listed Oct 31, 2025

Description

Discover your perfect canvas at 78 Queen Street in the vibrant, family-friendly town of Komoka. This rare vacant lot offers an ideal opportunity to build the home of your dreams, set in a welcoming community surrounded by nature, recreation, and everyday conveniences. The rectangular lot, approximately 60 feet by 120 feet, is close to a pond/lake and is ready for immediate development. Residents enjoy a short walk to the Komoka Wellness Centre, which features twin NHL-sized ice rinks, a YMCA-operated fitness facility, library, splash pad, and playground. Komoka Park and the nearby community centre provide sports courts, walking trails, green space, and gathering spots, while nature lovers will appreciate Komoka Provincial Park with its scenic river trails and abundant wildlife. The town is rich in amenities, from local dining and shopping to cultural attractions like the Komoka Railway Museum, as well as seasonal festivals and community events. With quick access to Highway 402, commuting to London or other regional destinations is effortless, making this location the perfect blend of rural tranquillity and urban convenience.

Property details

Type

Vacant Land — Other

AI property estimate

$828,000~107.1% above asking

Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.

$703,750$968,250

75% confidence · 40 sold homes within 2 km

Location & neighbourhood

Komoka

Middlesex Centre, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,905
Property tax$433
Insurance (est.)$83
Utilities (est.)$250
Total monthly$2,671

Land transfer tax

Ontario LTT

$4,474

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Oct 31, 2025Listed
$399,900

Investment analysis

Est. monthly rent

$1,600

Rental yield

4.8%

Est. cash flow

-$1,071

Cap rate

3.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$100,157

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

Not sure about financing? Ask Colin

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AI estimate

$828,000

Above Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colinabbot@gmail.com

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